NXP Semiconductors (NASDAQ:NXPI) Stock Rating Lowered by StockNews.com

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Monday.

Several other research firms have also issued reports on NXPI. Barclays upgraded NXP Semiconductors from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $200.00 to $260.00 in a research note on Tuesday, January 16th. Morgan Stanley upped their price objective on NXP Semiconductors from $221.00 to $224.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 7th. Wolfe Research upgraded NXP Semiconductors from a "peer perform" rating to an "outperform" rating and set a $255.00 price objective on the stock in a research note on Thursday, January 18th. TD Cowen upped their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the company an "outperform" rating in a research note on Tuesday, March 12th. Finally, Oppenheimer upped their price objective on NXP Semiconductors from $220.00 to $250.00 and gave the company an "outperform" rating in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $239.58.

NXP Semiconductors Stock Up 1.6 %

Shares of NXPI stock traded up $3.91 on Monday, hitting $244.92. 1,188,061 shares of the stock were exchanged, compared to its average volume of 2,341,979. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $62.81 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 0.91 and a beta of 1.59. The business has a 50-day moving average of $239.14 and a 200 day moving average of $216.63. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, beating the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The firm had revenue of $3.42 billion during the quarter, compared to analysts' expectations of $3.40 billion. Equities analysts anticipate that NXP Semiconductors will post 12.28 EPS for the current year.

Institutional Investors Weigh In On NXP Semiconductors

Large investors have recently modified their holdings of the business. Norges Bank acquired a new stake in shares of NXP Semiconductors during the 4th quarter valued at $762,077,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in shares of NXP Semiconductors by 893.2% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,332,578 shares of the semiconductor provider's stock valued at $535,747,000 after acquiring an additional 2,097,727 shares in the last quarter. Moneta Group Investment Advisors LLC acquired a new stake in shares of NXP Semiconductors during the 4th quarter valued at $267,123,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of NXP Semiconductors by 44.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider's stock valued at $823,704,000 after acquiring an additional 1,360,582 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado acquired a new stake in shares of NXP Semiconductors during the 4th quarter valued at $164,044,000. Institutional investors and hedge funds own 90.54% of the company's stock.

About NXP Semiconductors

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.

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